This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record
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Key Features:Rich and creditable data about China's SOEs which are generally difficult to reachDeep discussion on the nature of SOE in the term of institutional economics and law scienceAnalysis of political economy explores the mechanism of why SOEs can obtain easily the monopolistic powers and other favored policiesSheng Hong is among the top 50 economists in China.
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Administrative Monopoly in China: Causes, Behaviors, and Termination is a further work of our previous book, China's State-Owned Enterprises: Nature, Performance and Reform. This new book analyzes the SOEs with respect to monopoly, and focuses on six industries: telecommunication, petroleum, railway, salt, banking and football. The book tells the history of how administrative monopolies were formed in China, analyzes the factors responsible for this, describes the behaviors of administrative monopoly, enterprises, and individuals against the monopolistic background, and presents data on the losses brought about by the administrative monopolies
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The objective of publishing this book is to let the general public have a better understanding of the food security situation in China and better comprehension of the merit of allocating land through market mechanism. In addition, it makes the public aware of the inefficiencies of current government regulated land system. As a populous country in the world, China emphasizes too much importance of food to ensure people's sufficient consumption. There is a national policy to protect farm land, farm land protection refers to 18 hundred million mu of farmland which is specifically designated for food production only. Unirule defined the national food security as the capability to solve food shortages, and calculated the gap between food supply and demand. Two approaches can be used to solve the above food gap. Food security problems will not happen under situations of free trade and factors substitution in market economy, substantial storage and foreign exchange income. In modern China, food insecurity or great famine only happened in planned economy. To link tightly farm land size and grain yield and even food security is baseless both in theory and practices. The previous red line of 21 hundred million mu was already broken through. The current red line of 18 hundred million mu will also be broken through, in view of the process of industrialization and urbanization. In fact, farm land protection should focus on protecting the employment right of peasant in land
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